# The Local Government Act 2003 (Commencement No. 1 and Transitional Provisions and Savings) Order 2003, Paragraph 15: Capital finance—Part 1 of the Act


Any determination made under section 3(1) or (2) of the Act (duty to determine affordable borrowing limit) shall not apply in relation to how much money the authority can afford to borrow in the financial year beginning on 1st April 2003.

---
Source: https://www.legislation.gov.uk/uksi/2003/2938/schedule/paragraph/15 (the official version)
Page: https://openlegislation.uk/local-government-act-2003-commencement-no-1-and-transitional-provisions-and-savings-order-2003/schedule/paragraph-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.